Cost of Living: Methuen, MA vs Hamlet, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Methuen | Hamlet |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $491,000 | $132,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Methuen vs Hamlet
- In Methuen, the median home price is higher at $491,000, while in Hamlet it is $132,000.
- The rent for a two-bedroom apartment is equal in both Methuen and Hamlet at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Methuen | Hamlet |
|---|---|---|
| Electricity Price | $28.15 | $13.72 |
| Natural Gas Price | $21.62 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Methuen vs Hamlet
- Electricity costs are higher in Methuen at $28.15 per kWh, compared to $13.72 in Hamlet.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Methuen and Hamlet averaging $250.